Earnings Preview: CB Richard Ellis

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Earnings Preview: CB Richard Ellis

Published on Monday, 26 July 2010 12:39 Written by Christopher Lynn

cbg New York, July 26th (TradersHuddle.com) - Shares of CB Richard Ellis Group, Inc. (NYSE:CBG) are trading higher by +2.90% ahead of its quarterly earnings release. CB Richard Ellis , the global commercial real estate services firm is expected to release its quarterly results on July 27^th.

Wall Street Analysts consensus calls for a profit of $0.09 a share on $1.1 billion revenue.

CB Richard Ellis estimates have a range of $0.06 a share. The high estimate calls for profit of $0.12 a share and the low estimate is calling for a profit of $0.06 a share, a year ago for the quarter the company reported $0.04 a share.

CB Richard Ellis Group, Inc. (NYSE:CBG) is a global commercial real estate services firm. The Company offer services such as advice and execution assistance for property leasing and sales, forecasting, and valuations.

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